After being shut down for about a year, the iconic travel operator Thomas Cook is back but with a different business model. On Wednesday, the British tour operator re-launched as an online-only venture. One year ago, the company collapsed and… Read More ›
With increasing bilateral tensions between the United States and China, the biggest tech companies from China are expanding their operations in Singapore. It has been reported that their presence in the city state is being increased by Tencent and… Read More ›
In a significant development, the World Trade Organization found that U.S. trade tariffs on China were in breach of global trading rules. In a statement, the Trump administration said, its more than $200 billion trade tariffs on China was justified… Read More ›
On Wednesday, in a statement Swiss private Julius Baer said, it is in advanced negotiations with the U.S. Department of Justice over alleged money laundering and corruption involving FIFA; the development is likely to lead to a double-digit million U.S…. Read More ›
The biggest corporate polluters of the world should support strategies that are aimed to reach net-zero emissions, demanded a group that represents investors that collectively manage more than $47tn in assets. The group said that if the demand is not… Read More ›
According to the European Central Bank President Christine Lagarde, it is important for the various governments of the euro zone to continue to spend heavily in order to engineer a revival of the region’s economy from the historic recession that… Read More ›
In a report the Wall Street Journal said, federal regulators are preparing to impose a fine on Citigroup Inc for failing to improve its risk-management systems, With the news reaching the market, Citi’s shares fell by 3.3%. According to the… Read More ›
On Monday, in a development that will further escalate U.S.-China tensions, China’s commerce ministry stated, it has launched an anti-subsidy probe into some glycol ethers imports from the U.S. starting from September 14. The development comes in the wake of… Read More ›
New restrictions on the activities of diplomats from the United States working in Mainland China and Hong Kong was announced by China which has been described by China as a justified response by it to similar measures that were previously… Read More ›
The massive spending of the United States government to support the economy in the wake of the novel coronavirus pandemic has forced the US budget deficit to hit a record high of more than $3tn. According to the data available… Read More ›
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